The World Furniture Outlook 2024 provides an overview of the global furniture sector through historical series of basic data (furniture production, consumption, imports, exports 2014-2022 and 2023 preliminary estimates) and prospects of the furniture market for the years 2024 and 2025 for 100 countries.
Key Highlights
- The World Furniture Outlook 2024 report analyses the slump in the global furniture industry throughout 2023 and anticipates a gradual recovery in 2024 and 2025.
- According to estimates, in 2024, a decline in consumer confidence and weakened furniture demand, particularly in Europe and North America, are expected. Globally, furniture consumption is forecasted to experience a slight decrease in real terms in 2024, with a potential resume in 2025.
- 2023 has been a very bad year for the international trade of furniture, but above the pre-pandemic level. Projections for 2024 and 2025 suggest a slow recovery, with positive growth in current US$ expected in 2025, marking the first time in four years
This market research report includes:
- Growth of furniture imports worldwide and the role of furniture exporting countries in the marketplace
- Market shares of the major furniture exporters by geographical region
- Analysis of the openness of furniture markets that covers the past decade, with trade balance, imports/consumption and exports/production ratios.
Statistics and outlook data are also available in a country format:
- origin of furniture imports
- destination of furniture exports
- historical series on furniture production
- historical series on furniture market size
- historical series on furniture trade
- country rankings to place all statistics in a broader worldwide context
The 100 country summary tables also include:
- Total household consumption expenditure
- Total GNP at purchasing power parity
- Per capita GNP at purchasing power parity
100 Countries covered selected according to their contribution to the production and international trade of furniture: Albania, Algeria, Argentina, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Bolivia, Bosnia Herzegovina, Brazil, Bulgaria, Cambodia, Cameroon, Canada, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Guatemala, Hong Kong (China), Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Nigeria, North Macedonia, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan (China), Tanzania, Thailand, Tunisia, Türkiye, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vietnam.
Table of Contents
PART I: THE WORLD FURNITURE OUTLOOK
